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Assets Held For Sale
12 Months Ended
Dec. 31, 2019
Discontinued Operations And Disposal Groups [Abstract]  
Assets Held For Sale

NOTE 11. —ASSETS HELD FOR SALE

We evaluate the held for sale classification of our real estate as of the end of each quarter. Assets that are classified as held for sale are recorded at the lower of their carrying amount or fair value less costs to sell. As of December 31, 2019 and 2018, there were no properties that met criteria to be classified as held for sale.

During the year ended December 31, 2019, we sold nine properties, in separate transactions, which resulted in an aggregate gain of $1,114,000, included in gain on dispositions of real estate, on our consolidated statements of operations. We also received funds from property condemnations resulting in a loss of $51,000, included in gain on dispositions of real estate, on our consolidated statements of operations.

During the year ended December 31, 2018, we sold nine properties , in separate transactions, which resulted in an aggregate gain of $3,888,000, included in gain on dispositions of real estate, on our consolidated statements of operations. We also received funds from property condemnations resulting in a gain of $60,000, included in gain on dispositions of real estate, on our consolidated statements of operations.